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October 18, 2007

Allied Computers International (Asia) Ltd - IPO

Incorporated in 2002, Allied Computers International (Asia) Ltd is in the business of assembling and marketing of laptop computers. ACi undertakes services and maintenance contracts for all brands of laptop computers.

ACi Asia Limited is entering the capital markets with an initial public offering, IPO of 50,00,000 Equity Shares through a Fixed Price Issue.

The price for the issue has been fixed at Rs 12/- for equity share of Rs 10/-. The issue opens on October 19, 2007, and closes for subscription on October 23, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).